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Kering Awarded with the Global Leadership Award in Sustainable Apparel.

By   /  April 25, 2014  /  Sustainable / Eco Textiles  /  No Comments

Paris, France – Kering was awarded the Global Leadership Award in Sustainable Apparel (GLASA) for the development of the Environmental Profit and Loss account (E P&L) and its decision to implement this in its Luxury and Sport & Lifestyle brands. Kering’s E P&L is a pioneering natural capital accounting and reporting system that places a monetary value on the environmental

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Kering and IUCN Announce First Report on Python Captive Breeding.

By   /  April 1, 2014  /  Sustainable / Eco Textiles  /  No Comments

Paris, France – The first report under the ‘Python Conservation Partnership’, a collaboration between Kering, the International Trade Centre and the Boa and Python Specialist Group of the International Union for Conservation of Nature, has been presented. The “Assessment of Python Breeding Farms Supplying the International High-end

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Revenues of €9,748 Million, Up 4% Recorded at Kering.

By   /  February 22, 2014  /  Apparel & Fashion  /  No Comments

Paris, France  – In the fourth quarter of 2013, consolidated revenue came in at €2,547 million, up 4% on the same period last year on a comparable Group structure and exchange rate basis. For the full year, the main financial indicators reflect the Group’s solid operating performance. Consolidated revenue from continuing operations amounted to €9,748 […]

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Kering Enters into Exclusive Negotiations for the Disposal of La Redoute and Relais Colis.

By   /  December 5, 2013  /  Apparel & Fashion  /  No Comments

Paris, France – Kering’s board of directors met to consider the four offers received for the takeover of La Redoute and Relais Colis. Kering’s management has taken the decision to enter into exclusive negotiations with Nathalie Balla, current chairman and CEO of La Redoute, who joined it in 2009, and Eric Courteille, Chief administrative officer […]

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Kering Reports Third-Quarter 2013 Revenue.

By   /  October 26, 2013  /  Apparel & Fashion  /  No Comments

Paris, France – Kering posted third-quarter 2013 revenue of €2.5 billion, up 3.4% versus the same 2012 period based on comparable Group structure and exchange rates. Kering’s revenue for the first nine months of the year was up 3.9% based on comparable Group structure and exchange rates.

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Kering Added in Dow Jones Sustainability Indices World and Europe.

By   /  September 26, 2013  /  Sustainable / Eco Textiles  /  No Comments

Paris, France – For its very first year of participation in the review, Kering was added to the Dow Jones Sustainability Indices World and Europe. The Dow Jones Sustainability Index tracks the best-in-class sustainability performers among the 2500 largest companies in the Dow Jones Global Total Stock Market Index. Each year, applicant companies are rated […]

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Kering Delivers Solid Performance in the First Half of 2013.

By   /  September 2, 2013  /  Apparel & Fashion  /  No Comments

Paris, France – François-Henri Pinault, Chairman and Chief Executive Officer, commented: “Kering delivered a solid performance in the first half of 2013, with revenue up 4% on a comparable basis and further growth in operating margin. The Luxury Division continued to deliver robust growth, gathering momentum in the second quarter and powered by the solid […]

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Kering Forms a Sustainability Technical Advisory Group.

By   /  July 24, 2013  /  Sustainable / Eco Textiles  /  No Comments

Paris, France – Kering announced the composition of its Sustainability Technical Advisory Group (STAG) and the appointments of external sustainability experts as well as internal executives and board members.

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PPR is Now Kerring.

By   /  June 20, 2013  /  Apparel & Fashion  /  No Comments

Paris, France – Following a complete transformation undertaken since 2005, PPR announced on 22 March 2013 its project to adopt a new name, Kering, to reflect its new identity. The Group’s annual general meeting, held on 18 June 2013, approved the resolution relating to its name change.

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Kering Sells Vertbaudet and Cyrillus Brands for EUR119 Million.

By   /  April 6, 2013  /  Apparel & Fashion  /  No Comments

Paris , France – Kering announces that Redcats has closed the sale of its Children and Family division, consisting of the Vertbaudet and Cyrillus brands, to Alpha Private Equity Fund 6 (’APEF 6’), for an enterprise value of €119 million.

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